Centrais Eltricas Gross Profit vs. Cash And Equivalents
| CLSC3 Stock | BRL 75.00 1.79 2.45% |
For Centrais Eltricas profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Centrais Eltricas to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Centrais Eltricas de utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Centrais Eltricas's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Centrais Eltricas de over time as well as its relative position and ranking within its peers.
Centrais |
Centrais Eltricas Cash And Equivalents vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Centrais Eltricas's current stock value. Our valuation model uses many indicators to compare Centrais Eltricas value to that of its competitors to determine the firm's financial worth. Centrais Eltricas de is number one stock in gross profit category among its peers. It also is number one stock in cash and equivalents category among its peers creating about 0.64 of Cash And Equivalents per Gross Profit. The ratio of Gross Profit to Cash And Equivalents for Centrais Eltricas de is roughly 1.57 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Centrais Eltricas' earnings, one of the primary drivers of an investment's value.Centrais Cash And Equivalents vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Centrais Eltricas |
| = | 1.27 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Centrais Eltricas |
| = | 806.68 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Centrais Cash And Equivalents Comparison
Centrais Eltricas is currently under evaluation in cash and equivalents category among its peers.
Centrais Eltricas Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Centrais Eltricas, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Centrais Eltricas will eventually generate negative long term returns. The profitability progress is the general direction of Centrais Eltricas' change in net profit over the period of time. It can combine multiple indicators of Centrais Eltricas, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Centrais Eltricas de Santa Catarina S.A., through its subsidiaries, generates, transmits, and distributes electricity in Brazil. The company was founded in 1955 and is headquartered in Florianpolis, Brazil. CELESC ON operates under UtilitiesRegulated Electric classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 3609 people.
Centrais Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Centrais Eltricas. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Centrais Eltricas position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Centrais Eltricas' important profitability drivers and their relationship over time.
Use Centrais Eltricas in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Centrais Eltricas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Centrais Eltricas will appreciate offsetting losses from the drop in the long position's value.Centrais Eltricas Pair Trading
Centrais Eltricas de Pair Trading Analysis
The ability to find closely correlated positions to Centrais Eltricas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centrais Eltricas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Centrais Eltricas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Centrais Eltricas de to buy it.
The correlation of Centrais Eltricas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Centrais Eltricas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centrais Eltricas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Centrais Eltricas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Centrais Eltricas position
In addition to having Centrais Eltricas in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Heavy Metals Thematic Idea Now
Heavy Metals
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Heavy Metals Theme or any other thematic opportunities.
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Additional Tools for Centrais Stock Analysis
When running Centrais Eltricas' price analysis, check to measure Centrais Eltricas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centrais Eltricas is operating at the current time. Most of Centrais Eltricas' value examination focuses on studying past and present price action to predict the probability of Centrais Eltricas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Centrais Eltricas' price. Additionally, you may evaluate how the addition of Centrais Eltricas to your portfolios can decrease your overall portfolio volatility.